Quality has gone down along with the pay rate. I guess when people find out that they can't get paid enough to survive on Steem they go back to blogging on other platforms where their audience is bigger or on Youtube where they at least know they will get paid by views.

Steemit could change this by making it's UI/UX better and make it as good as other platforms but right now Steemit isn't even as good as Reddit and already people act shocked about the low price of the Steem token? Steem token prices go down because we don't even have groups yet.

Developers shouldn't waste time on these useless parameters and should focus on developing utility like groups and subscription. Even a friends list would go a long way, with private messages, but instead we have this debate about changing the economics without even the first 2 years going by?

It looks like the founders aren't confident in their own platform and want out. So who will buy Steem Power now?